With reference to the captioned subject, we wish to inform that the Board of Directors of Ather Energy Limited (\the Company\) have vide circular resolution passed on March 30, 2026, allotted 2,97,012 equity shares of face value of Rs. 1/- each to eligible ESOP holders who have exercised their stock options under Ather Energy ESOP 2025 Plan. These shares shall rank pari-passu with the existing equity shares of the Company in all respects.